TerreStar Corporation, EB (Elektrobit) and Flextronics Agree on Manufacturing Services for TerreStar GENUS, the First Satellite-Terrestrial Smartphone
OULU, FINLAND, RESTON, VA, AND SINGAPORE – December 2, 2009 – Elektrobit Inc, a subsidiary of EB, Elektrobit Corporation (OMX: EBC1V), a leading developer of cutting-edge embedded technology solutions for automotive and wireless industries, and mobile communications provider TerreStar Corporation (NASDAQ: TSTR), have expanded their relationship to include EB’s provision of turnkey product delivery services to TerreStar for the TerreStar™ GENUS™ Smartphone, an EB design. EB has sub-contracted with leading Electronics Manufacturing Services (EMS) provider Flextronics (NASDAQ: FLEX), to help provide these product delivery services.
See complete press release.
